Petra has forgotten the rate of simple interest she earned on a 120-day term deposit at Scotiabank.

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Petra has forgotten the rate of simple interest she earned on a 120-day term deposit at Scotiabank. At the end of the 120 days, she received interest of $327.95 on her $21,000 deposit. What rate of simple interest was her deposit earning?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:12 AM

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Petra has forgotten the rate of simple interest she earned on a 120-day term deposit at Scotiabank.

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Business Mathematics In Canada

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